Canada's manufacturing sales likely grew 3.5 percent from a month earlier in March of 2021, the strongest gain since last July, after a 1.6 percent fall in February, a flash estimate showed. The increase is mostly attributable to higher sales in the transportation equipment and the petroleum and coal product industries. source: Statistics Canada

Manufacturing Sales in Canada averaged 0.31 percent from 1981 until 2021, reaching an all time high of 23.10 percent in June of 2020 and a record low of -27.90 percent in April of 2020. This page provides - Canada Manufacturing Sales MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Manufacturing Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Manufacturing Sales in Canada is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Sales in Canada to stand at 1.70 in 12 months time. In the long-term, the Canada Manufacturing Sales MoM is projected to trend around 2.00 percent in 2022 and 1.60 percent in 2023, according to our econometric models.

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Canada Manufacturing Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
3.50 -1.60 23.10 -27.90 1981 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-15 12:30 PM Manufacturing Sales MoM Jan 3.1% 1.3% 2.5% 0.4%
2021-03-24 12:30 PM Manufacturing Sales MoM Prel Feb -1% 3.1%
2021-04-15 12:30 PM Manufacturing Sales MoM Feb -1.6% 3.4% -1% -1%
2021-04-23 12:30 PM Manufacturing Sales MoM Prel Mar 3.5% -1.6%
2021-05-14 12:30 PM Manufacturing Sales MoM Mar -1.6% 3.5%
2021-06-14 12:30 PM Manufacturing Sales MoM Apr
2021-07-14 12:30 PM Manufacturing Sales MoM May
2021-08-16 12:30 PM Manufacturing Sales MoM Jun


News Stream
Canada Manufacturing Sales Bounce Back in March
Canada's manufacturing sales likely grew 3.5 percent from a month earlier in March of 2021, the strongest gain since last July, after a 1.6 percent fall in February, a flash estimate showed. The increase is mostly attributable to higher sales in the transportation equipment and the petroleum and coal product industries.
2021-04-23
Canada Manufacturing Sales Fall More than Expected
Canada's manufacturing sales fell 1.6 percent from a month earlier to CAD 55.4 billion in February of 2021, following an upwardly revised 3.4 percent rise in January and above market expectations of a 1 percent drop. It is the strongest decrease in manufacturing sales since April of 2020, with declines in 11 of 21 industries, driven mainly by the transportation equipment industry (-11.4 percent), as a global shortage of semiconductors forced several auto plants to slow or halt their production. Sales also fell for plastic & rubber products (-8.7 percent); non-metallic mineral products (-15.8 percent); and machinery (-3.4 percent). On the other hand, sales rose for the petroleum and coal (6.5 percent); chemicals (3.8 percent); and wood products (4.0 percent). On an annual basis, manufacturing sales in Canada decreased 0.8 percent in February.
2021-04-15
Canada Manufacturing Sales Shrink in February
Canada's manufacturing sales fell 1 percent from a month earlier in February of 2021, following a 3.1 percent rise in the previous month, a flash estimate showed. It is the strongest decrease in manufacturing sales since last August, amid lower sales in the transportation equipment industry.
2021-03-24
Canada Manufacturing Sales Growth Beats Forecasts
Canada's manufacturing sales surged 3.1 percent from a month earlier to CAD 56.2 billion in January of 2021, following an upwardly revised 1.3 percent rise in December and beating market expectations of a 2.5 percent gain. It was the largest increase in manufacturing sales since last July. Sales were up in 16 of 21 industries, driven mainly by wood products (+9.1 percent), computer and electronic products (+22.4 percent), and primary metals (+6 percent), such as iron and steel mills and ferro-alloy. Sales also grew for the non-metallic mineral product (+16.8 percent), plastics and rubber products (+6.9 percent), and food (+2.0 percent) industries. Conversely, motor vehicle manufacturing posted the largest decline (-8.2 percent), as the global shortage of semiconductor chips affected the motor vehicle industry across North America and halted production in many auto assembly plants in Ontario.
2021-03-15

Canada Manufacturing Sales MoM
In Canada, Manufacturing Sales provides a current 'snapshot' of sales of goods manufactured values by the Canadian manufacturing sector, enabling analysis of the state of the Canadian economy, as well as the health of specific industries in the short- to medium-term.